The invention belongs to the technical fields of biodegradable material modification and application, and relates to a controllable fully biodegradable mulching film and a preparation method thereof.The controllable fully biodegradable mulching film comprises the following raw materials in parts by weight: 1-50 parts of high-crystallinity polylactic acid, 10-90 parts of polybutylene adipate / butylene terephthalate, 0-50 parts of poly propylene carbonate, 0.1-2 parts of a plasticizer, 0.1-2 parts of a chain extender, 0.1-1 part of a lubricant, 0.1-1 part of a dispersant, 0.1-1 part of an opening agent, 1-3 parts of a compatibilizer, 0.1-8 parts of a gas barrier, 0-1 part of an antioxidant, 0-1 part of a light stabilizer, 0.1-2 parts of an anti-hydrolysis agent and 0-3 parts of an antibacterial agent. The raw materials are pretreated and uniformly mixed, the controllable fully biodegradable mulching film is obtained by extrusion and blow molding, and the thickness of the mulching film is0.005 to 0.020 mm. The fully biodegradable mulching film provided by the invention has good mechanical properties, excellent heat preservation and moisture retention performance, and can be completely degraded by itself; the mulching film degradation rate can be regulated according to the 'mulching film function period' of different crop mulching films in different regions to meet the needs of different crops in different regions.